World Bank revises International Poverty Line and India’s Poverty Rate declines
- finminati
- Jun 11
- 2 min read
A 1-min summary
11 June 2025, Wednesday
The World Bank has revised the International Poverty Line from $2.15/day to $3/day, adding 125 million people globally to the tally of extreme poor.
Despite this, India’s extreme poverty rate has declined from 27% to 5%. 23% Indians fall below the lower-middle poverty line. This decline can be attributed to the use of updated household consumption data (2022-23) using a new methodology and various government programmes and welfare schemes.
Sources / References:
Image Credits:
DISCLAIMER
The content is for educational / informational purposes only, and readers should not rely on it for professional advice or take it as a definitive source of truth. You should not construe any such information or other material as legal, tax, investment, financial, or other advice.
The securities / investments quoted here are not recommendatory. It is not to be used or considered as financial or investment advice, a recommendation, an offer to sell, or a solicitation to buy any securities or other financial assets. Any similarity / overlap between the securities, stocks, or assets mentioned in the blog post / website / social media handles and those personally owned is purely coincidental, meaning it is not intentional or planned. All Content on this site is information of a general nature and does not address the circumstances of any particular individual or entity. We advise investors to check with certified experts before making any investment decisions.
This post might contain links to external websites that are not provided or maintained by or in any way affiliated with the website / blog.
No copyright infringement intended.
Comments